According to Hong and Wolak (2008), a 5% postal price increase, such as the one in 2006,
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Figure 5.2: A Change in Consumer Surplus
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Uncompensated demand for music tracks 02 A 0.5 12 24 91, Music tracks per quarter P1. £ per track
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Microeconomics Theory and Applications with Calculus
ISBN: 978-0133019933
3rd edition
Authors: Jeffrey M. Perloff
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